Partnership Dissolution Quitclaim Deed
Partnership Dissolution Quitclaim Deed
Introduction
This Partnership Dissolution Quitclaim Deed is intended to formally document the transfer of property interests among partners in the event of the dissolution of a partnership. This deed ensures that all property interests are properly conveyed and recorded, reflecting the termination of the partnership and the redistribution of assets.
Partnership Dissolution Quitclaim Deed
This Deed is made and entered into this 15th day of August, 2050, by and between:
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[YOUR COMPANY NAME], with a company number of [YOUR COMPANY NUMBER] and having its principal address at [YOUR COMPANY ADDRESS] (hereinafter referred to as "Grantor"), and
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Liam Foster, (hereinafter referred to as "Grantee").
Recitals
Whereas, the parties hereto were formerly engaged in a partnership known as Harrison & Wells LLP, and
Whereas, the partnership is being dissolved effective as of the date hereof,
Now, therefore, in consideration of the mutual covenants and promises contained herein, the Grantor does hereby quitclaim, transfer, and convey to the Grantee all of its right, title, and interest in and to the property described below:
Description of Property:
|
Property Description |
Location |
Parcel Number |
Current Owner |
Transfer To |
|---|---|---|---|---|
|
Commercial Building |
7890 Pine Lane, Oakwood, CA 90211 |
987-654-321 |
Harrison & Wells LLP |
Liam Foster |
Terms and Conditions
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Effective Date: The transfer of property interest shall be effective as of the 15th day of August, 2050.
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Consideration: The transfer is made for good and valuable consideration, the receipt of which is hereby acknowledged.
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Warranties: The Grantor warrants that it has not transferred or conveyed the property to any other party and that the property is free from encumbrances except as noted herein.
Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Partnership Dissolution Quitclaim Deed as of the day and year first above written.
Grantor:
Name: [YOUR NAME]
Title: Managing Partner
Email: [YOUR EMAIL]
Grantee:
Name: Liam Foster
Title: Former Partner
Email: liam@email.com
Company Information
[YOUR COMPANY NAME]
Company Number: [YOUR COMPANY NUMBER]
Address: [YOUR COMPANY ADDRESS]
